Trade Services

Foreign Exchange Services

Forward Foreign Exchange provides the customer with the opportunity to take delivery of one currency in exchange for another at a fixed rate on a future date, with no cash flow impact until maturity.

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Guarantees for Exporters

We offer a guarantee issuance facility to assist exporters in winning international contracts and tenders. In recent years there has been a marked increase in the demand for bank guarantees, which are sought by the foreign buyer as an indication that the seller is serious at the tendering stage and will, if awarded the contract, perform in accordance with its agreed terms.

Read more about: Guarantees for Exporters

Letters of Credit

We provide a comprehensive letter of credit (L/C) issuance and negotiation service.

Read more about: Letters of Credit

Collection Services

Collections allow the exporter to maintain control within the banking system over the goods shipped until payment, or an undertaking to pay at a future date (Acceptance) is made.

Read more about: Collection Services

Allied Irish Bank (GB) is a trademark used under licence by AIB Group (UK) p.l.c. (a wholly owned subsidiary of Allied Irish Banks, p.l.c.) incorporated in Northern Ireland. Registered Office, 4 Queens Square, Belfast, BT1 3DJ. Registered Number, NI 18800. Authorised and regulated by the Financial Services Authority. Allied Irish Bank (GB) is a member of the Financial Services Compensation Scheme, established under the Financial Services and Markets Act 2000.

Allied Irish Bank (GB) subscribes to the Lending Code and is covered by the Financial Ombudsman Service. Details of the Lending Code are available on request from any Allied Irish Bank (GB) branch or from the Lending Standards Board.

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The information regarding the products and services contained on the following pages is intended only for the residents of Great Britain. If you are not a resident of Great Britain it may be unlawful for you to receive this information.